News Articles for Platina Resources

Mt Hawthorn-based junior Platina Resources plans to acquire the Mt McKenna gold project near Laverton.

Javelin Minerals has revealed two significant board moves, adding well-known corporate finance executive Brett Mitchell and experienced geologist Pedro Kastellorizos as it prepares for more drilling in New South Wales. The company says Mitchell, who has more than 25 years of experience in the equity and venture capital markets, will take the reins as executive chairman. Kastellorizos will be a non-executive director.

Mt Hawthorn-based Platina Resources has flagged additional drilling at two of its major gold projects in Western Australia.

Javelin Minerals believes new assays from two of its projects in central New South Wales indicate the company is drilling the same ultramafic rock that mining giant Rio Tinto valued at $21 million, just 4km away. Management considers its Husky and Malamute projects to have excellent prospectivity for scandium and rare earths, in addition to precious, base and battery metals.

Three Perth dealmakers are behind an early-stage iron ore explorer that is seeking to list on the ASX despite ongoing disputes with its neighbour on Cockatoo Island.

Platina Resources will ramp-up its exploration efforts in Western Australia using the sale proceeds from its Skaergaard gold and palladium project in Greenland.

A summary of last week's smaller deals that did not get included in our daily news coverage.

Perth-based explorer Platina Resources has tapped investors for $7 million to fund ongoing work at its Owendale scandium-cobalt-nickel-platinum project in NSW.

Queensland-based Platina Resources Ltd has signed a joint venture agreement to search for platinum group metals at the Polar Bear Project, near Norseman, spending $1.3 million over 3 years to earn a 70 per cent interest in the project.